Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK – Get Free Report) declared a monthly dividend on Monday, August 3rd. Shareholders of record on Monday, August 17th will be paid a dividend of 0.02 per share on Monday, August 24th. This represents a c) annualized dividend and a yield of 9.8%. The ex-dividend date of this dividend is Monday, August 17th.
Credit Suisse Asset Management Income Fund Price Performance
CIK stock opened at $2.44 on Friday. The firm has a 50-day moving average price of $2.46 and a 200-day moving average price of $2.57. Credit Suisse Asset Management Income Fund has a 12 month low of $2.42 and a 12 month high of $3.04.
About Credit Suisse Asset Management Income Fund
Credit Suisse Asset Management Income Fund Inc (NYSE American: CIK) is a closed-end management investment company managed by Credit Suisse Asset Management, one of the world’s leading asset managers. The fund’s primary objective is to provide shareholders with a high level of current income, with a secondary objective of capital appreciation. It achieves this by investing in a diversified portfolio of income-producing securities across fixed-income and equity markets.
The fund typically allocates assets to a mix of investment-grade and below-investment-grade corporate bonds, bank loans, mortgage- and asset-backed securities, convertible securities and dividend-paying equities.
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